SWIM Q2 2022 Earnings — Latham Group, Inc. Revenue & Financial Results | Market Cap Arena

SWIMLatham Group, Inc.

$746M

Q2 2022 Earnings

Industrials Construction

Income Statement

Revenue

$207M+14.3% YoY

Gross Profit

$68M32.7% margin

Operating Income

$19M9.0% margin

Net Income

$4M2.1% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+7.9%

Cash Flow

Operating Cash Flow

$42M

Free Cash Flow

$32M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$909M

Total Liabilities

$527M

Stockholders' Equity

$382M

Cash & Equivalents

$25M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$207M	$181M	+14.3%
Gross Profit	$68M	$58M	+15.9%
Operating Income	$19M	-$42M	+144.0%
Net Income	$4M	-$54M	+108.0%

Revenue Segments

In-ground Swimming Pools

$112M54%

Liners

$56M27%

Covers

$38M19%